05 December 2016, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $50.49 a barrel…
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04 December 2016, Lagos — Last week’s upwards price trend in the oil market has shifted stock market sentiment to…
Peterside underlined the significance of the Maritime and Oil and Gas Industry to the Nigerian Economy, stating that the need for collaboration is to forge a common front with a view to enforcing Local Content obligations.
Kunle Kalejaye 04 December 2016, Sweetcrude, Lagos — The Nigerian National Petroleum Corporation NNPC/Total E&P Nigeria Limited, TEPNG joint venture…
04 December 2016, New York — Oil prices rallied for their best week in at least five years on Friday,…
04 December 2016, Abuja -Nigeria and Morocco are in talks over a huge project to extend a West African gas…
The company therefore, assured customers across its franchise areas of Edo, Delta, Ondo and Ekiti states of its readiness to resolve all issues and problems associated with operations, soliciting for their patience and understanding.
“We buried 14 people including a six-month-old baby who died in the tanker explosion this morning,” said Muhammad Sani who took part in the rescue operation.
He said, “To us, this is an issue of concern and we want the house and indeed the National Assembly to look into it. Companies operating in states should be made to contribute and add value to their host states, while federal agencies should be encouraged to do more for the states.”
He therefore called for “a paradigm shift” in accordance with a new operating philosophy that would lay emphasis on in-country manufacturing, job creation, skills and technology development, capital retention, research and development as well as fostering sectoral linkages with other critical sectors of the nation’s economy.